Megatrends

The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.

Energy Efficiency and Connectivity in Consumer Appliances

Simon Maddrell, Head of Global Consumer Appliances Research at Euromonitor, explains how energy efficiency and connectivity are becoming a top priority for consumers in appliances. An example of connectivity is home energy monitoring systems, which are now being considered by many governments, especially with the implementation of smart grids. Appliances will soon be marketed, not only by their features, but by how much energy they can save in the long run. Maddrell explains that appliances should not only integrate with home monitoring systems, but with other electronics a consumer might already own like a smartphone.